Modular Medical Debt-to-Equity Ratio Growth & History (MODD)
Modular Medical's debt-to-equity ratio was 0.03 for fiscal 2026.
View full Modular Medical company overviewModular Medical annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2026 | 2026-03-31 | 0.03 | −0.02 | −36.53% |
| 2025 | 2025-03-31 | 0.05 | −0.06 | −53.68% |
| 2024 | 2024-03-31 | 0.10 | −0.25 | −70.74% |
| 2023 | 2023-03-31 | 0.35 | 0.33 | +1585.79% |
| 2022 | 2022-03-31 | 0.02 | — | — |
| 2020 | 2020-03-31 | 0.09 | 0.09 | — |
| 2019 | 2019-03-31 | 0.00 | — | — |
Modular Medical quarterly debt-to-equity ratio
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q1 2027 | 2026-06-30 | 0.03 | −0.03 | −57.22% |
| Q4 2026 | 2026-03-31 | 0.03 | −0.02 | −36.53% |
| Q3 2026 | 2025-12-31 | 0.09 | −0.00 | −3.78% |
| Q2 2026 | 2025-09-30 | 0.07 | −0.08 | −52.24% |
| Q1 2026 | 2025-06-30 | 0.06 | −0.08 | −56.00% |
| Q4 2025 | 2025-03-31 | 0.05 | −0.06 | −53.68% |
| Q3 2025 | 2024-12-31 | 0.09 | −0.24 | −73.18% |
| Q2 2025 | 2024-09-30 | 0.15 | −0.03 | −14.78% |
| Q1 2025 | 2024-06-30 | 0.14 | −0.01 | −4.12% |
| Q4 2024 | 2024-03-31 | 0.10 | −0.25 | −70.74% |
| Q3 2024 | 2023-12-31 | 0.33 | 0.32 | +3331.00% |
| Q2 2024 | 2023-09-30 | 0.17 | 0.16 | +1508.16% |
| Q1 2024 | 2023-06-30 | 0.14 | 0.13 | +1182.77% |
| Q4 2023 | 2023-03-31 | 0.35 | 0.33 | +1585.79% |
| Q3 2023 | 2022-12-31 | 0.01 | — | — |
| Q2 2023 | 2022-09-30 | 0.01 | — | — |
| Q1 2023 | 2022-06-30 | 0.01 | — | — |
| Q4 2022 | 2022-03-31 | 0.02 | — | — |
| Q2 2021 | 2020-09-30 | 0.40 | 0.40 | — |
| Q1 2021 | 2020-06-30 | 0.16 | 0.16 | — |
| Q4 2020 | 2020-03-31 | 0.09 | 0.09 | — |
| Q3 2020 | 2019-12-31 | 0.00 | — | — |
| Q2 2020 | 2019-09-30 | 0.00 | — | — |
| Q1 2020 | 2019-06-30 | 0.00 | — | — |
| Q4 2019 | 2019-03-31 | 0.00 | — | — |
Modular Medical debt-to-equity ratio trends
Between the periods ended 2019-03-31 and 2026-03-31, Modular Medical's debt-to-equity ratio increased from 0.00 to 0.03, a change of 0.03. The latest reported quarter, Q1 2027, shows 0.03.
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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